CashGuard AB: Extraordinary General Meeting of CashGuard AB shareholders during December 2007

The Board of Directors of CashGuard AB will convene an Extraordinary
General Meeting in December to pass resolutions concerning the
election of new Members of the Board of CashGuard AB.

The majority of the current Board Members will decline re-election
and will therefore not continue to serve as Members of the company's
Board following the Extraordinary General Meeting.

The Board of Directors is unanimous in believing that a new Board of
Directors has to be elected in order to further develop CashGuard.

A notice convening the Extraordinary General Meeting will be issued
separately.

In accordance with a previous resolution from the Annual General
Meeting, the Nomination Committee shall consist of the Chairman of
the Board and the company's three largest shareholders at August 31,
2007. The members of the company's Nomination Committee will be
presented in the notice convening the Extraordinary General Meeting.

Prior to the General Meeting, the Nomination Committee will present
its proposal regarding nominations as new Board Members for the
period extending to the next Annual General Meeting.


For further information, please contact:
Morthen Johannessen, Chairman of the Board of CashGuard AB (publ),
telephone: +47-90 87 21 67

Facts about CashGuard AB (publ)
CashGuard develops and  sells products  and services  for secure  and
fully automatic cash  handling and cash  logistics. Via direct  sales
and distribution  partners, CashGuard  focuses on  retail  companies,
post offices  and  banks,  as  well as  on  security  companies.  The
CashGuard Group has approximately 190 employees and had sales of  SEK
323 million in  2006. CashGuard  shares are listed  on the  Stockholm
Stock Exchange.